
SLB · NYSE
SLB is an oilfield-services and technology company serving exploration and production companies, national oil companies and other energy operators. It sells reservoir-evaluation, drilling and well-construction, production, completion and intervention services, along with related equipment, software and digital technologies. Revenue is generated through project-based and recurring service contracts across its reservoir, well-construction, production-systems and digital activities, although the supplied evidence does not provide contributions by segment. SLB operates at substantial global scale, reporting $35.7 billion of fiscal 2025 revenue and $3.4 billion of net income, compared with $36.3 billion and $4.5 billion, respectively, in fiscal 2024.
SLB rose $0.83, or 1.66%, to $50.81 over the week, moving from $49.98 to its reported high and close. The stock initially weakened, closing at $48.96 and $48.91 on July 29-30, before recovering to $49.59 on July 31 and $50.81 on August 4. No company-specific announcement explains the advance in the supplied evidence. The main identifiable driver was a stronger broader market as easing Middle East tensions supported the S&P 500, Dow and Nasdaq 100. That support outweighed sector-specific pressure from an approximately $92 million, or 4.7%, weekly outflow from the VanEck Oil Service ETF, which includes SLB, Halliburton and other oilfield-service stocks.